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is the same as an arrogant way - * for a worker to say "I don't want to get fired" * for a stockholder to say "I don't want my stock to go down" * for a union to say "I don't want to lose my 3x above market average pay" * for a CEO to say "I don't want to lose my multi-million compensation...

The fact is : when you are broke, there is no solution. Deflation : everyone has debt will go into default. Inflation : US has no saving to inflate the market. If US borrow money to inflate, debt load increase and the end result is broke and default too. There is only solutions that are...

No a problem anymore since you can't short stock under 5 bucks...:)

Hrm... I won't mind picking one up if they are cheap enough. Let's see. Stock market fell 40%. If they take 40% of the sticker, I will buy one...:)

As someone said before, US always does the right thing after she tries everything else. This is just following European's lead on how to save banks. It was ridiculous to try to do price fixing on mortgage.

Another one that pull numbers out randomly without fact. 1) As UFC said, GM employ about 250,000 people. So, 2.5mil likely include supply chain already. 2) If US population decide to buy 11mil car per year instead of 17mil car per year. You can't have a structure that support 17mil...

And they make money? Where is the profit? Show me the 50B. Or you just pull that out of your ass.

This, to me, is the key point of the CP market problem. After the subprime debacle, we can't trust these rating agencies. If we can't trust them, we can't buy bonds. Hence, the frozen market.

http://biz.yahoo.com/ap/081112/eu_eu_rating_agencies.html?.v=6 EU suggests ban on rating agencies advising banks how to sell debt BRUSSELS, Belgium (AP) -- European Union regulators on Wednesday proposed strict new rules for credit rating agencies that would hold them liable for their...

Generate tax revenue? What are you smoking? GM has been losing money forever. Please back up your $50b tax revenue argument.

Tell those people whining for a bailout to shut up and work. If they do that, the country will be safe.

Assume 2 mil auto jobs. 50B + 25B divided 2 mil = $37500 per job. Let it go man...

Like I said, socialism for the rich. I wish I can do the same thing. Acquire BK people's lost and itemize it against my income.

I am surprise that Circuit City is not "too big to fail" and warrant a bailout. Isn't that the standard procedure before you go BK? Got to pay those lobbyists!

Yea right. Banks are forced to take billion of unwanted taxpayer money. For some reason, Paulson just want to stuff money into healthy banks even they don't want it. Do you know why the bail out bill has exec comp capped ONLY in future contracts? Paulson said if it applied to current...

They will go ahead and pay themselves anyway even there are anger across the whole country. Need to retain good people? Ha. I personally feel insulted by that statement.

2nd that!

There you go, someone in the know points it out. In my mind, #1 and #2 are fatal flaws. It is like US decides not to improve its citizen's productivity and want to have a kickass military at the same time. Does not compute.

Don't worry. If Buffet is by his side, he will address it.

I beg to differ. If there are not enough demand for US treasuries for the bail out, you WANT them to shed US dollar. That is the only way to devalue US dollar without US gov spending like a drunken sailer. Why do you think the Fed is spending money like no tomorrow? They don't want a...